Bybit CEO: I agree with CZ. If the internal system is breached, all withdrawals will be suspended immediately.

CoinRank News: In response to CZs suggestion to stop Bybit withdrawals on X platform, Bybit CEO Ben Zhou said: I agree with CZs point of view. If the hacker attack was through infiltrating our internal system (such as a part of the withdrawal system) or the hot wallet was breached, we would immediately suspend all withdrawals until the root cause of the problem is found. But in yesterdays incident, it was our ETH cold wallet (we use Safe) that was breached, which has nothing to do with any of our internal systems. Therefore, I can decisively decide to let all Bybit withdrawals and system functions operate as usual. In the crisis last night, Binance and CZ, as well as many partners and industry leaders, took the initiative to provide help. We are deeply grateful for this and feel extremely warmed by the support we have received. This incident is a huge blow to Bybit, but the entire industry has shown the power of unity. I believe that from now on, everything will only get better.